common-close-0
BYDFi
Trade wherever you are!

Are there any fees or limitations when using a credit card on Coinbase?

avatarThomasen SlothDec 24, 2021 · 3 years ago3 answers

What fees or limitations should I be aware of when using a credit card on Coinbase?

Are there any fees or limitations when using a credit card on Coinbase?

3 answers

  • avatarDec 24, 2021 · 3 years ago
    When using a credit card on Coinbase, there are a few fees and limitations to keep in mind. First, Coinbase charges a fee for credit card transactions, which is typically around 3.99%. This fee is applied to the total amount of the transaction. Additionally, there may be additional fees charged by your credit card issuer, such as cash advance fees or foreign transaction fees. It's important to check with your credit card provider to understand any additional fees that may apply. As for limitations, Coinbase may have certain restrictions on the amount you can purchase or sell using a credit card. These limitations may vary depending on your account level and location. It's recommended to review Coinbase's terms and conditions or contact their customer support for specific information regarding limitations.
  • avatarDec 24, 2021 · 3 years ago
    Using a credit card on Coinbase comes with a few fees and limitations. Coinbase charges a fee for credit card transactions, which is typically around 3.99%. This fee is applied to the total amount of the transaction and may vary depending on your location. Additionally, your credit card issuer may charge additional fees, such as cash advance fees or foreign transaction fees. It's important to check with your credit card provider to understand any extra costs. In terms of limitations, Coinbase may have certain restrictions on the amount you can buy or sell using a credit card. These limitations are in place to ensure the security of your account and prevent fraudulent activity. It's always a good idea to review Coinbase's terms of service or reach out to their support team for more information on limitations.
  • avatarDec 24, 2021 · 3 years ago
    When using a credit card on Coinbase, there are a few fees and limitations you should be aware of. Coinbase charges a fee for credit card transactions, typically around 3.99% of the total amount. This fee is applied to the transaction and may vary depending on your location. Additionally, your credit card issuer may charge additional fees, such as cash advance fees or foreign transaction fees. It's important to check with your credit card provider to understand any extra costs. As for limitations, Coinbase may have certain restrictions on the amount you can buy or sell using a credit card. These limitations are in place to ensure the security of your account and prevent fraudulent activity. If you have any specific questions about fees or limitations, it's best to reach out to Coinbase's customer support for assistance.